Bigbasket launches SaaS-based supply chain platform BB Matrix
BB Matrix to reduce transportation costs by 50%, lower lead time by 60% and ensure up to 100% supply chain visibility
Rakshit Daga, Chief Product and Technology Officer, Bigbasket
Bigbasket, a TATA enterprise, has launched BB Matrix, a SaaS-based supply chain platform that offers complete visibility across the entire supply chain to enterprises globally.
"It enables user organisations to get real-time updates, quickly track bottlenecks, and take data-backed decisions to build resilient supply chains," says an official release. "Global annual SCM software spend will reach $62 billion in 2028, up from $29 billion in 2023, according to a Gartner report."
Spearheaded by Hari Menon, Co-Founder and CEO, Bigbasket, and Rakshit Daga, Chief Product and Technology Officer, Bigbasket, BB Matrix is said to be capable of offering next-generation supply chain solutions to cut costs and increase productivity. The SaaS-based solution has made it possible to reduce transportation costs by nearly 50 percent, lower the lead time by around 60 percent, and ensure up to 100 percent supply chain visibility, with its cutting-edge solutions.
“To cater to the pressing demand for agile, robust, and cost-efficient supply chains, we have made BB Matrix available to enterprises across different sectors that go beyond retail and e-commerce like manufacturing, automobiles, aviation and consumer goods," says Daga. "This platform is the outcome of over a decade of supply chain excellence at Bigbasket and has a proven scalability of up to 15 million+ monthly transactions today, integrating AI-driven automation, enhanced visibility, from first-mile to mid-mile to last mile. BB Matrix is an extensive SaaS platform with its warehouse management system (WMS), transport management system (TMS) and order management system (OMS), enabling end-to-end transformation of supply chains.”
Manish Mishra, Head of Sales & Marketing, BB Matrix adds: “BB Matrix provides comprehensive ongoing support that encompasses configuration and optimisation, seamless data integration with over 150 ERP, CRM, and POS tools, and flawless migration as well to its customers. In addition, Tata BB Matrix is capable of offering its solutions in international markets like the U.S., Middle East, SEA, and Africa regions as well. This holistic approach sets BB Matrix apart as a singular and expert solution provider, tailored for the demands of the modern supply chain landscape.”
BB Matrix brings to the table a record of 99.1 percent on-time delivery to help its clients deliver an excellent customer experience and achieve optimal outcomes in their supply chain operations, the release added.
